Amazon announced on Thursday a list of 20 cities and municipalities that it is calling finalists to host its second headquarters, or HQ2, though the surprises were few and far …
Swiss food and beverage company Nestle is selling its U.S. candy business to Italian confectioner group Ferrero for $2.8 billion in cash, Ferrero announced Tuesday. Ferrero will take control of more than …
Whole Foods Markets is placing new limits on how products are sold in its stores and asking suppliers to help pay for the changes, riling some mom-and-pop vendors that have …
Japan’s Fast Retailing Co Ltd raked in an all-time high profit in the first quarter, beating consensus estimate, buoyed by brisk business at its overseas Uniqlo clothing stores. Fast Retailing …
Domino’s CEO is leaving the pizza chain after executing an impressive turnaround and fixing the chain’s reputation. The pizza chain announced that president and CEO J. Patrick Doyle would leave the company …
As anticipated, the Pinault family-owned group is withdrawing from the sports-lifestyle segment, announcing its plan to cut its majority stake in Puma to focus on its luxury houses instead. Also …
Record sales over the Christmas period at Aldi have pushed its full year sales to £10 billion for the first time in the UK. Sales during December were reportedly 15 …
etailers are bracing for a fresh wave of store closings in 2018 that is expected to eclipse the rash of closings that rocked the industry last year. “Landlords are panicking,” …
It’s a hard time for retailers. Though several companies held on by experimenting with new strategies and investing in technology, others weren’t so lucky. The rise of e-commerce, increased competition from direct-to-consumer …
In 2017, Western luxury brands embarked on a migration in an eastern direction. To drive revenue, they had to more aggressively tap into the one region that has showed consistent sales growth, …